World Bank cuts India's GDP forecast for 2023-24 by 30 Bps
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World Bank in its latest India Development Update report has cut India's growth forecast for 2023-24 to 6.3 per cent from earlier 6.6%. India's growth, World Bank, said, is expected to be constrained by slower consumption growth and challenging external conditions. However, it maintained that India's growth continues to be resilient despite some signs of moderation in growth.